The Cooper Companies, Inc. Common Stock (COO)
Operating return on assets (Operating ROA)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 705,700 | 643,000 | 602,100 | 536,700 | 533,100 | 500,900 | 489,900 | 526,300 | 507,600 | 532,600 | 492,600 | 503,100 | 505,700 | 477,300 | 448,700 | 334,100 | 311,800 | 358,300 | 428,500 | 546,800 |
| Total assets | US$ in thousands | 12,315,200 | 12,108,000 | 12,047,400 | 12,032,600 | 11,658,900 | 11,697,300 | 11,539,500 | 11,561,100 | 11,492,300 | 11,552,100 | 11,778,000 | 11,662,500 | 9,606,200 | 9,610,600 | 9,013,800 | 8,921,900 | 6,737,500 | 6,748,400 | 6,510,000 | 6,548,500 |
| Operating ROA | 5.73% | 5.31% | 5.00% | 4.46% | 4.57% | 4.28% | 4.25% | 4.55% | 4.42% | 4.61% | 4.18% | 4.31% | 5.26% | 4.97% | 4.98% | 3.74% | 4.63% | 5.31% | 6.58% | 8.35% |
October 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $705,700K ÷ $12,315,200K
= 5.73%
The operating return on assets (operating ROA) of The Cooper Companies, Inc. Common Stock has fluctuated over the past several quarters. The trend indicates some variability in the company's efficiency in generating profits from its assets.
The operating ROA has ranged from a low of 3.74% in January 2021 to a high of 8.35% in January 2020. This variability suggests that the company's operational efficiency and asset utilization have not been consistent over the period analyzed.
The most recent operating ROA of 5.73% as of October 2024 is slightly higher than the average for the period, indicating a relatively strong performance in generating earnings from its assets. However, it is essential to monitor future trends to assess whether this improvement is sustainable or represents a temporary fluctuation in performance.
Overall, a fluctuating operating ROA indicates the need for the company to focus on improving operational efficiency and maximizing the returns generated from its assets in a more consistent manner.
Peer comparison
Oct 31, 2024